ULURU Inc. Receives Letter of Non-Compliance From NYSE Amex (ULU)

ULURU ULU today reported that it has received notice from NYSE Amex advising ULURU that it is not in compliance with a certain condition of the Exchange's continued listing standards under Section 1003 of the Exchange's Company Guide.

In a letter to ULURU, the Exchange stated that it is concerned that ULURU's common stock, as a result of its low selling price, may not be suitable for auction market trading. Therefore, pursuant to Section 1003(f)(v) of the Company Guide, ULURU's continued listing is predicated on it effecting a reverse stock split of its common stock by no later than June 7, 2011. As a result of the foregoing, ULURU has become subject to the procedures and requirements of Section 1009 of the Company Guide.